Ascription into Achievement: Models of Career Systems at Lloyds Bank, 1890-1970

  title={Ascription into Achievement: Models of Career Systems at Lloyds Bank, 1890-1970},
  author={Katherine Stovel and Mike Savage and Peter Shawn Bearman},
  journal={American Journal of Sociology},
  pages={358 - 399}
Optimal matching algorithms are used to model the transformation of career systems in a large British bank (Lloyds) from 1890 to 1970. The authors first model the breakdown of the traditional ascriptive, status-based system, and then identify a more dynamic, achievement-based system, and then identify a more dynamic, achievement-based system as its replacement. By relating the structure of careers to organizational growth and social change, the authors explore how the modern achievement career… 
Mergers and Mobility: Organizational Growth and the Origins of Career Migration at Lloyds Bank1
Though organizationally driven geographic mobility is a distinguishing feature of modern careers, accounts of its origin are murky. Drawing on various theories of organization, the authors show how a
Career Patterns of Executive Women in Finance: An Optimal Matching Analysis1
This article examines the objective and subjective facets of female finance‐executive careers. Optimal matching and qualitative analyses are used to show how the careers are shaped by workplace
i Relational Mechanisms of Globalizing Postsocialism : A Sequence Approach to Foreign Investment and Large Firm Ownership in Hungary , 1991-1999 *
This article operationalizes and tests the argument that “history matters” in a multiple pathway model of globalizing postsocialism, a period with radical economic transformations. Sequence analysis
Of Hobos and Highfliers: Disentangling the Classes and Careers of Technology-based Entrepreneurs*
Adopting a careers perspective of entrepreneurship, we theorize new venture creation as a phase transition in the course of a career. We then analyze individuals' transitions to founding
The Managerial Career after Downsizing: Case Studies from the `Leading Edge'
This paper sets out to investigate whether the recent wave of organisational restructuring has contributed to the further decline of the internally promoted manager or produced a new model of
Pathways of Property Transformation: Enterprise Network Careers in Hungary, 1988-2000
This study analyzes the restructuring of a national economy by identifying the career pathways of its enterprises. This analysis is conducted in a setting strategically chosen as a case of rapid and
The Corrosion of Career?—Occupational Trajectories of Business Economists and Engineers in Switzerland
Achievement careers are regarded as a distinctive element of the post-war period in occidental societies. Such a career was at once a modal trajectory of the modern parts of middleclass men and a
Career Patterns in the U.S. Army Officer Corps
In order to examine the careers of high attaining personnel in a large organizational labor market, variation in 5,114 U.S. Army officer careers is shown to be reducible to a small number of career
Beyond the Career Mystique: “Time In,” “Time Out,” and “Second Acts”
The career mystique is the belief that working hard and putting in long hours continuously throughout adulthood is the path to occupational success, personal fulfillment, and a secure retirement.
Pathways from Postsocialism: Ownership Sequence and Performance of Firms in Hungary, 1991‐1999
Corporate ownership structures were important means to navigate postsocialist uncertainties, and as relational structures, they were vulnerable to subsequent path dependencies. Organizational


Organizational Career Mobility: Promotion Chances in a Corporation During Periods of Growth and Contraction
This study analyzes the age distribution of upward mobility in a large corporation, examining changes in the age-promotion relationship for different levels in the organizational hierarchly, for
The Ecological Dynamics of Careers: The Impact of Organizational Founding, Dissolution, and Merger on Job Mobility
This article unites social mobility and organizational ecology research and develops an ecological theory of career mobility. The vital events of organizational populations (founding, dissolution,
Structure and Trend in the Process of Stratification for American Men and Women
Using the 14 annual cross sections from the General Social Survey (GSS), the article describes and explains the year-to-year fluctuations in occupational attainment from 1972 to 1987. Although some
Debtors to their Profession : A History of the Institute of Bankers 1879-1979
Introduction. 1. Prologue: The Banking Institute 1851-1853. 2. Planning for a Professional Institute 1853-1879. 3. Professional Institute or Pressure Group? 1879-1895. 4. A Voice for the Membership
Job Mobility and Career Processes
Renewed interest in the movement of people between jobs highlights the roles of time and opportunity structures in career development. Vacancy-driven models provide the background for many
This paper undertakes a selective review of theoretical and empirical studies of internal labor markets (ILMs). Three different conceptualizations of ILMs are identified in existing literature: (a)
Property, Bureaucracy and Culture: Middle Class Formation in Contemporary Britain
Preface: Why we wrote this book 1. Are the Middle Classes Social Classes? 2. The Dynamics of Service Class Formation 3. The Historical Formation of the British Middle Classes 4. The Contemporary
The End of Organized Capitalism
"The End of Organized Capitalism" argues that despite Marx s and Weber s insistence that capitalist societies become increasingly more ordered we now live in an era of disorganized capitalism. The
Determinants of Internal Labor Markets in Organizations
Jeffrey Pfeffer and Yinon Cohen Data from a sample of about 300 large establishments in the San Francisco Bay area were used to study internal labor markets. The extent to which internal labor market
Labor and Monopoly Capital
This book first took shape in my mind as little more than a study of occupational shifts in the United States. I was interested in the structure of the working class, and the manner in which it had